Date:
Start:July 23, 2019
End:July 28, 2019
Link:
USA Cycling Mountain Bike National Championships
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UCI BMX World Championships
Date:
Start:July 23, 2019
End:July 28, 2019
Link:
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QBP promotes Todd Cravens to VP of business development
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Friday that it has promoted Todd Cravens to vice president of business development. Cravens will be responsible for identifying and developing strategic business opportunities with new and existing customers, suppliers, brands, segments and the QBP consumer brands to help maximize their long-term sales and profitability.
Cravens is a 24-year veteran at QBP, where he has worked with nearly every stakeholder and in a variety of director roles, including his most recent position as director of national accounts, the company stated. He has worked in the industry for more than 40 years.
“Todd has accomplished much in his tenure at QBP and has a deep understanding of our industry and the needs of our stakeholders, plus great leadership skills and knowledge of our business,” QBP president Rich Tauer said. “He’s been working in the space of business development for some time, really defining what it means for us as we continue to transition from being a distributor to a bike company and service provider for retailers and suppliers.”
Cravens has also helped coach a Minnesota National Interscholastic Cycling Association (NICA) high school mountain bike team; worked with the National Bicycle Dealers Association’s Profitability Project to facilitate best retail practices; and has been a bike racer since 1975, most recently competing in gravel and endurance mountain bike events.
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Lyft completes purchase of Motivate, unveils new bike and invests $100 million in NYC's Citi Bike program
NEW YORK (BRAIN) — Ride share company Lyft has completed its purchase of Motivate, the country's largest bike share company. The purchase was originally announced in July.
As it completes the purchase, Lyft has announced that it will invest $100 million in New York's Citi Bike program, which is operated by Motivate. Officials from Lyft and Motivate, along with New York Mayor Bill de Blasio, announced Friday that the investment will triple the size of the Citi Bike system, adding 40,000 new bikes.
The company also unveiled a new bike design featuring Lyft's trademark purple colorway.
Besides Citi Bike, Motivate operates bike share systems in the San Francisco Bay Area, Chicago, Boston, Washington, D.C., Portland, Oregon, Columbus, Ohio, and Minneapolis. According to the company, 80 percent of all bike share rides in the U.S. last year were completed on Motivate systems.
Lyft also has launched dockless electric scooter programs in Denver and Santa Monica, California.
"Today, Lyft takes a large step forward in our vision to provide a more sustainable transportation experience that will bring together all your favorite ways of getting around into one unified Lyft app," said Lyft 's co-founder and president, John Zimmer. "We're excited to introduce new and exciting mobility products in the months ahead for our city partners and riders."
Last month, Lyft announced that it had hired Anthony Foxx, the secretary of transportation under President Barack Obama and former mayor of Charlotte, North Carolina, as its chief policy officer and adviser to the co-founders.
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Trek Travel says it's seeing 'phenomenal' growth in e-bike vacations
MADISON, Wis. (BRAIN) — Eight years after it began offering e-bike vacation packages, Trek Travel said it has averaged an annual increase of 50 percent per year since 2016 on e-bike trips. The most popular e-bike trips are offered in California, Tuscany and Provence.
Trek Travel, formed in 2002 as an arm of Trek Bicycle, now offers its guests the option of using a Trek XM700+ e-bike on almost every destination where it runs trips.
“Our guests come back grinning after using one of our e-bikes on a trip. They still get a workout on their active vacation, but they’re able to keep up with friends or family much easier," said Tania Burke, the president of Trek Travel. “We knew our guests would love this bike, but the demand for them has definitely exceeded our expectations. We’re just excited that more people can now see the world by bike. Plus, there’s no learning curve. It’s just like riding a regular bike.”
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Close to 300 US bike shops now signed up for Saturday's Bike Shop Day
BROOKLYN (BRAIN) — Nearly 290 retailers from 47 states and seven countries have signed up to take part in the second annual Bike Shop Day, an event launched last year by Brooklyn retailer 718 Cyclery. Owner Joe Nocella, who founded the event, said he anticipates participation will grow well past 300 as IBDs continue to register through Friday.
Bike Shop Day takes inspiration from Record Store Day, which is held every year in April to celebrate the independent record store. This year's Bike Shop Day is set for Saturday, Dec. 1.
"We specifically chose this date in order to avoid all of the Black Friday/Shop Small Saturday noise, and have a day all to ourselves," Nocella said.
718 Cyclery's day-long celebration will include swag bags for the first 20 people, a basic maintenance class, rock 'n' roll trivia contest, DJ, prize wheel, barbecue and special discounts.
"The events are varied and a great cross section of IBDs across the country," Nocella told BRAIN in an email.
Forty-three shops participated in last year's event, and as of middday Friday, 287 have signed up for the second edition, which is emphasizing inclusion of people who are under-represented in the bicycle industry.
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Interbike Marketweek OutDoor Demo (retail demo starts at 1 p.m. Sept. 15)
This will be a demo experience like you’ve never seen at Interbike. Northstar California Resort is known for its epic downhill riding and rolling paved roads and is just a 35-mile drive from Reno. This year’s venue is a first-class resort destination with convenient facilities including restaurants, indoor seating and even a Starbucks. There’s no better place for you to get the hands-on product experience you need to educate your customers. Your retailer badge gets you free lift access. There will be a hosted happy hour for dealers on Sunday evening starting at 4:30 pm. If you are registered for Interbike, then you are all set to attend OutDoor Demo. Complimentary shuttle service will be provided from the Reno-Sparks Convention Center to Northstar California Resort during OutDoor Demo.
(949) 226-5712
Date:
Start:September 15, 2019
End:September 16, 2019
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Interbike Marketweek Expo
Interbike Marketweek is where the bicycle industry and enthusiasts, alike, gather to celebrate, educate and do business and, of course, ride! Bicycle retailers, media, importers and distributors can discover the latest in bicycle technology, including bicycle demos at the 1.5-day demo event for the trade — OutDoor Demo at Northstar California Resort. Attendees can also meet with hundreds of exhibitors offering everything the bicycle industry has to offer, including: road, mountain, triathlon, electric bikes, nutrition, apparel, safety, accessories, power and more. Boost your cycling business by finding the latest products and trends, attending valuable retailer education sessions and networking with the top retailers and suppliers in the industry.
(949) 226-5712
Date:
Start:September 17, 2019
End:September 19, 2019
Link:
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UCI Mountain Bike Marathon World Championships
Date:
Start:September 21, 2019
End:September 22, 2019
Link:
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UCI Road World Championships
Date:
Start:September 22, 2019
End:September 29, 2019
Link:
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Outerbike Moab
Date:
Start:October 4, 2019
End:October 6, 2019
Email:
If you've been in Moab in the fall, you know what we're talking about. Experience the red rock beauty without blasting summer heat and bask in some desert sunshine before winter sets in. You get to be the first to experience the latest and greatest bikes hitting the market. Attendance is capped, so register early to get your spot!
(800) 845-2453
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Taichung Bike Week
Taichung Bike Week is different from all other bicycle trade shows. Organized by the bike industry for the bike industry, Taichung Bike Week is an OEM event, open to product managers and local suppliers, but not to the wholesalers or the general public. Taichung Bike Week is solely for competitive OEM bicycle components producers and their high-end brand customers. The private and more informal TBW is quickly becoming the place for OEM managers to do business, and it just keeps growing as more managers and suppliers realize that the OEM event provides an accessible and affordable opportunity to increase their international market presence. If you're looking to succeed in the business of bicycles, plan to exhibit at Taichung Bike Week. Taichung Bike Week takes place at three hotels in Taichung–The Evergreen, The Tempus and The Splendor Hotel. Each hotel can provide different sized booths and meeting rooms to meet exhibitors requirements.
Date:
Start:October 16, 2019
End:October 18, 2019
Link:
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USA Cycling Collegiate Mountain Bike National Championships
Date:
Start:October 18, 2019
End:October 20, 2019
Link:
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Outerbike Bentonville
Date:
Start:October 25, 2019
End:October 27, 2019
Email:
Western Spirit Cycling has partnered with Visit Bentonville and OZ Trails to present Outerbike Bentonville. After we attended the IMBA Summit there in 2016, we knew we had to bring Outerbike to Northwest Arkansas! From the fresh air of the Ozarks to the multiple trail hubs and bike parks, the area has everything we could ask for.
(800) 845-2453
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Roam Bike Fest
Roam Bike Fest is a three-day gathering (aka party) of female riders, influencers and play makers all here for one purpose: to have a ridiculously fun weekend exploring, learning and shredding trail in a world-class riding destination. No pandering, no skills clinics, just plain unsucky fun.
Date:
Start:November 8, 2019
End:November 10, 2019
Link:
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Outdoor Retailer Winter Market
Outdoor Retailer Winter Market is about “how” retailers buy, rather than “when” retailers buy. Moving the show to November means it’s the launch event for the season: Retailers will see the entire range of products available and gather intel about trends and industry initiatives so that they can make informed buying decisions. The deadlines stay the same, but the retailers have more information. They see what’s possible, they analyze their sell-through so that they can maximize their open-to-buy dollars and minimize order changes. Brands benefit from early retailer feedback to guide forecasting and production.
Date:
Start:November 5, 2019
End:November 8, 2019
Link:
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UCI Indoor World Championships
Date:
Start:December 6, 2019
End:December 8, 2019
Link:
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USA Cycling Cyclocross National Championships
Date:
Start:December 10, 2019
End:December 15, 2019
Link:
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ASEANbike
The ASEAN region is seen as a very promising market, both as a production region and as a future market for the sale of high-end bicycles and accessories. It is therefore only logical that, as part of its increasing internationalization and urbanization, the organizers of Eurobike are orienting the show toward the future growth markets in Southeast Asia – and are initiating an important international platform in the shape of the ASEANbike powered by Eurobike. The show will be open to OEM manufacturers, brands, importers and distributors as well as retailers and service providers. It offers multiple exhibition and meeting options, from classic trade show booths to OE meetings, importer meetings and retailer meetings, as well as test/demo tracks, and group rides.
Date:
Start:October 3, 2019
End:October 5, 2019
Link:
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Trump's truce means tariffs will remain at 10% at least an extra 60 days
BUENOS AIRES, Argentina (BRAIN) — President Donald Trump and Chinese President Xi Jinping agreed to a truce in the ongoing trade war this weekend. Trump agreed to delay implementing a 25 percent tariff on Chinese goods — including at least $1 billion in bike-related products — that had been set to take effect on Jan. 1. The tariff on those goods will remain the 10 percent that became effective in September (in addition to any pre-existing tariffs on those goods) for at least 90 days from the truce agreement of Dec. 1, so the 25 percent tariff increase is pushed out by about 60 days.
China-made e-bikes and e-bike motors will remain subject to the 25 percent tariff imposed in August. New tariffs imposed this year on imported steel and aluminum, and on Chinese GPS units and bearings, also remain in effect at 25 percent.
"President Trump and President Xi have agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture. Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10% tariffs will be raised to 25%," the White House said in a statement.
The round of goods that would have been subject to the 25 percent tariffs includes most bike products made in China, including complete bikes, frames, wheels and other components and accessories. It does not affect lights, helmets, shoes or apparel, however.
Many U.S. importers of Chinese bike goods have been hustling since this spring to move production out of China, either to other low-cost Asian countries or to the U.S. But in many cases, manufacturers said such moves can take years to complete. Kent International, for example, a major supplier to mass merchant retailers, said recently it is moving much of its bike production from China to a new factory in Cambodia. But Kent said it didn't expect to start receiving bikes from Cambodia until September 2019.
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